Sweden February 2026: Volvo monopolises podium for the first time in 3 years

Volvo EX30 sales are up 112.8% year-on-year in February.

The Swedish new car market edges down -1.4% year-on-year in February to 19,341 units, meaning the year-to-date volume is off -9.8% to 35,382. BEVs improve 11.3% to 7,650 and 39.6% share vs. 35% in February 2025 while PHEVs drop -3.8% to 4,912 and 25.4% share vs. 26% a year ago. This means rechargeable cars hold 65% of the Swedish market in February vs. 61.1% in February last year. Local behemoth Volvo (+1.3%) remains the most popular carmaker at home with a splendid 19.2% share vs. 16.9% year-to-date and its highest since last October. Volkswagen (-19.3%) skids down to 12.5% whereas Toyota (+14.7%) is outstanding at #3. Cupra (+36.6%) delivers the biggest gain in the Top 10 and reaches a record 9th place, also hit last November. Polestar (+14.5%), Mercedes (+13.4%) and Skoda (+4.9%) also defy the negative context. Further down, Subaru (+3511.1%) surges to #13 with Citroen (+308.9%) and Fiat (+105.7%) also making themselves noticed.

Over in the models charts, the Volvo EX/XC40 (+71.4%) repeats at #1 with 6.4% share, cementing its YTD dominance. The Volvo XC60 (-27.7%) is relegated to 2nd place above the Volvo EX30 (+112.8%) more than doubling its sales year-on-year and up four spots on January to #3, its highest ranking since December 2023 when it also reached #3. This means Volvo monopolises its home podium for the first time since January 2023. The Tesla Model Y (+11.1%) lurks at #4 while the VW ID.7 (-4.5%) closes up the Top 5. The Toyota bZ4X (+312.8%), Yaris Cross (+109.8%) and Polestar 4 (+89%) also shine below.

Previous month: Sweden January 2026: Market off -18.3%, Volvo EX/XC40 leads, Kia K4 SW lands in Top 10

One year ago: Sweden February 2025: VW ID.7 and Kia EV3 superstars

Full February 2026 Top 51 All brands and Top 266 All models below.